Massachusetts 2025-2026 Regular Session

Massachusetts Senate Bill S2051 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1 of 1
2	2	SENATE DOCKET, NO. 344 FILED ON: 1/12/2025
3	3	SENATE . . . . . . . . . . . . . . No. 2051
4	4	The Commonwealth of Massachusetts
5	5	_________________
6	6	PRESENTED BY:
7	7	Patrick M. O'Connor
8	8	_________________
9	9	To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
10	10	Court assembled:
11	11	The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
12	12	An Act relative to the accessibility and affordability of trade school education.
13	13	_______________
14	14	PETITION OF:
15	15	NAME:DISTRICT/ADDRESS :Patrick M. O'ConnorFirst Plymouth and Norfolk 1 of 2
16	16	SENATE DOCKET, NO. 344 FILED ON: 1/12/2025
17	17	SENATE . . . . . . . . . . . . . . No. 2051
18	18	By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2051) of Patrick M. O'Connor for
19	19	legislation relative to the accessibility and affordability of trade school education. Revenue.
20	20	[SIMILAR MATTER FILED IN PREVIOUS SESSION
21	21	SEE SENATE, NO. 1916 OF 2023-2024.]
22	22	The Commonwealth of Massachusetts
23	23	_______________
24	24	In the One Hundred and Ninety-Fourth General Court
25	25	(2025-2026)
26	26	_______________
27	27	An Act relative to the accessibility and affordability of trade school education.
28	28	Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
29	29	of the same, as follows:
30	30	1 SECTION 1. Subsection (a) of Part B of section 3 of chapter 62 of the General Laws, as
31	31	2appearing in the 2016 Official Edition, is hereby amended by inserting the following new
32	32	3subparagraph:
33	33	4 (20) An amount equal to the amount by which tuition payments by the taxpayer to a
34	34	5private occupational school, as defined in section 263 of chapter 112, in which the taxpayer or a
35	35	6dependent of said taxpayer, pursuant to subparagraph (3) of paragraph (b) of part B, is enrolled,
36	36	7less any scholarships, grants or financial aid received, exceeds twenty-five percent of the
37	37	8taxpayer’s Massachusetts adjusted gross income, exclusive of this deduction but, the deduction
38	38	9shall be limited in the manner provided in section 222(d)(3) of the Code as amended and in 2 of 2
39	39	10effect for the taxable year. An individual who is a nonresident for all or part of the taxable year
40	40	11shall not be eligible to claim this deduction.
41	41	12 SECTION 2. Subsection (a) of Part B of section 3 of chapter 62 of the General Laws, as
42	42	13appearing in the 2016 Official Edition, is hereby amended by striking out subparagraph (12) and
43	43	14inserting in place thereof the following subparagraph:-
44	44	15 (12) An amount equal to the amount of interest payments paid by the taxpayer on
45	45	16education debt during the taxable year. For the purposes of this subparagraph, the term
46	46	17"education debt'' shall mean any loan which was or is administered by the financial aid office of
47	47	18a private occupational school, as defined in section 263 of chapter 112, or a two-year or four-
48	48	19year college at which the taxpayer, or a dependent of such taxpayer, pursuant to subparagraph (3)
49	49	20of paragraph (b) of Part B of this section, was enrolled as an undergraduate student and which
50	50	21loan has been secured through a state student loan program, a federal student loan program or a
51	51	22commercial lender and which loan was obtained and expended solely for the purposes of paying
52	52	23tuition and other expenses directly related to such undergraduate student enrollment. A taxpayer
53	53	24who claims a deduction under this section shall not be eligible for a deduction for the same
54	54	25expenses under subparagraph (1) of paragraph (d) of section 2 of this chapter.